Xeneta for ACN: Air freight rates softened as the market adjusted to the Iran war
Global air cargo rates edged down by 2% week on week in the period ending 10 May, their first retreat since the US-Iran war began, as markets digested the aftermath of the conflict, which gave way to a ceasefire on 8 April. The pullback was sharpest on routes touching the Middle East. Rates on outbound
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